Posts Tagged ‘Commercial Real Estate’

Cleanup of debris from Feb. 10 tornado almost complete

PINE BELT — Officials are nearing the end of the debris cleanup from the Feb. 10 tornado that struck northeastern Lamar County, Hattiesburg and Petal. The Hattiesburg American reports Petal wrapped up its debris cleanup efforts March 22. Mayor Hal Marx says the cleanup tab was approximately $100,000. In Hattiesburg, John Brown, assistant to the [...] [...]

Law gives county investment option in selling of hospital

COLUMBUS — Lowndes County will have more flexibility to invest funds from the sale of a local hospital under a bill signed by Gov. Phil Bryant. The Commercial Dispatch reports the county had invested the $30 million it received from the 2001 sale of the county hospital in a certificate of deposit. The 5.2 percent [...] [...]

Demolition to begin at sites for retail center, casino

D’IBERVILLE — The city of D’Iberville is clearing the way for another major retail center along Interstate 10 and a casino on Back Bay. A developer has acquired nearly 80 acres at the I-10 junction with Interstate 110. The homes and businesses there will come down by the end of the year and Mayor Rusty [...] [...]

Old bowling alley getting new life as retail center

VICKSBURG — Crews are clearing away the old Red Carpet Lanes bowling alley to make way for a retailing center on Clay Street. The Vicksburg Post reports the sale of the property closed last week. The new owners are Baton Rouge, La.-based developers Michael and Mitch Kimble of Kimble Development. Four buildings are in the [...] [...]

Clinton’s South Pointe wins Department of Revenue headquarters bid

Aggressive last-minute price cutting did the trick for Clinton’s South Pointe Business Park in the competition to become the new home of the Mississippi Department of Revenue, the state says. The selection came down to price, with representatives of the former WorldCom headquarters presenting a lease offer too attractive to pass up, said Kevin Upchurch, [...] [...]

Fight over controversial movie theater continues

OLIVE BRANCH — An Olive Branch community remains in the lurch about whether a controversial movie theater will be constructed near its homes. The Commercial Appeal reports the developer has filed an appeal in DeSoto County Circuit Court about Board of Aldermen decisions he said are preventing a theater from being developed near Wedgewood subdivision. [...] [...]

Mall redevelopment will mean massive demolition

GAUTIER — The redeveloped Singing River Mall will be an open-air shopping center that requires demolition of about 250,000 square feet of existing space. That’s according to an agreement on the city council’s agenda last week. The Mississippi Press reports the proposed agreement points to a 350,000-square-foot high-quality mixed-use development with anchor, junior anchor and [...] [...]

Judge rules proposed hospital site within city limits

by Associated Press Published: March 14,2013

Tags: annex, bench, Commercial Real Estate, construction, court, health, health care, hospital, judge, land, law, legal, medical, medicine, property

OXFORD — A Lafayette County judge has ruled that the land that a company has selected as the location of its new $300-million hospital will be included in the Oxford city limits. Since Chancery Judge Ed Roberts approved the annexation last month, some objectors have dropped out of the case, but three others — Kenneth [...] [...]

Ground broken for 1.3M square-foot distribution center

OLIVE BRANCH — Gov. Phil Bryant was among those on hand to celebrate a new business for the Olive Branch area. Bryant attended a ceremony yesterday marking the pending construction of a distribution center for Helen of Troy, a health and personal care product manufacturer. Helen of Troy expects its new 1.3-million-square-foot facility to be [...] [...]

City councilman calls unfinished casino ‘eyesore’

by Associated Press Published: February 28,2013

Tags: blight, casino, city government, Commercial Real Estate, gamble, gaming, state government, urban

BILOXI — The city of Biloxi is seeking authority from the Legislature to deal with blighted commercial property. Its target is Caesars Entertainment’s unfinished casino on the beach on U.S. Highway 90. The city had authority until last September when a law expired to clean commercial buildings and multi-family housing complexes damaged by Hurricane Katrina [...] [...]

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